Optimism (OP/USD) price has made a strong comeback as demand for layer 2 scaling solutions rose. The token jumped to an all-time high of $3.27 after the developers welcomed Coinbase to its ecosystem. ...
Tag: DoubleTop
Band Protocol price forms a small double-top as TVS retreats
Band Protocol (BAND/USD) has pulled back in the past few days as the recent crypto rebound fades. The token retested the important support at $2, which was a few points below the year-to-date high of ...
Cardano price technical analysis as a double-top forms
Cardano (ADA/USD) price made a smooth recovery during the overnight session despite the extremely hawkish Fed minutes. After crashing to a low of $0.378, Cardano bounced back to $0.40 as investors att...
NZD/USD forms a double-top ahead of RBNZ decision
The NZD/USD exchange rate drifted downwards to the lowest level since January 6 after Cyclone Gabrielle and ahead of the upcoming RBNZ interest rate decision. It plunged to an intraday low of 0.6200, ...
Shell share price forms double-top ahead of earnings
Shell (LON: SHEL) share price has moved sideways in the past few months as investors watch the price action of oil and gas. The stock was trading at 2,372p, where it has been in the past few days. Thi...
Rupee forms a double-top pattern
The USD/INR exchange rate soared to a record high in 2022 as the Federal Reserve and the Reserve Bank of India (RBI) delivered hawkish interest rate decisions. It rose to a high of 83, which was about...
Tullow Oil share price double-top points to a pullback
Tullow Oil (LON: TLW) share price remained in a consolidation mode this week after the company published its trading statement. The shares dropped to 46.42p, which was much lower than this month’s hig...
USD/CHF forms double-top after hawkish SNB statement
The USD/CHF price slipped to the lowest point since October 27th as investors reacted to the hawkish statement by Thomas Jordan. It dropped to a low of 0.9885, which was about 2.57% below the highest ...
Zoom Video stock price forms double-top ahead of Q2 earnings
Zoom Video (NASDAQ: ZM) stock price has recoiled recently as the recovery of American shares pause. The stock dropped to a low about $100, which was lower than July’s high of $123.90. This price is ab...
CAC 40 index formed a double-top pattern. Is it a good buy?
The CAC 40 index recent rebound has faded amid concerns about the Federal Reserve and the health of the European economy. The index, which is made up of leading blue-chip companies in France, declined...
USD/JPY prediction as a double-top pattern forms
The USD/JPY price has regained its bullish momentum as the divergence between the Federal Reserve and the Bank of Japan (BoJ). The pair is trading at 130.53, which is close to the year-to-date high of...
BTC Charted a Bearish Double-Top, Now Facing Critical Support (Bitcoin Price Analysis)
Following green days, Bitcoin encountered resistance at $45K. Together with the negative momentum of the global markets, Bitcoin got heavily rejected and retraced below $42K. Looking at the Stablecoin...